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Code · Washington · Title 39 — Public Contracts and Indebtedness · Chapter 39.98

RCW 39.98.020

155 words·~1 min read·/wa/title-39/chapter-39-98/39-98-020·

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

The definitions in this section apply throughout this chapter unless the context clearly requires otherwise.
(1)"Bond" means any voted general obligation bond issued by a school district, holding a certificate issued pursuant to this chapter for such a bond.
(2)"Credit enhancement program" means the school district bond guaranty established by this chapter.
(3)"General obligation bond" means any bond, note, warrant, certificate of indebtedness, or other obligation of a district that constitutes an indebtedness within the meaning of any applicable constitutional or statutory debt limitations.
(4)"Paying agent" means the paying agent selected, from time to time, for a bond issue pursuant to state law.
(5)"Refunding bond" means any general obligation bond issued by a district for the purpose of refunding its outstanding general obligation bonds.
(6)"School district" or "district" means any school district existing now or later under the laws of the state.
[ 1999 c 273 s 2 .]
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